Browse related articlesSteel prices in UAE plunge
United Arab Emirates: Wednesday, September 24 - 2008 at 08:35
Steel prices in the UAE, which had surged by at least 90% in the first half of this year, have plunged 35-40% in the past few months on surplus stocks and panic selling by traders, reported Khaleej Times. Trade sources said the price of Turkish and Qatar steel have dropped from Dhs6,000 per tonne to Dhs3500.
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Jeff Florian, Senior ReporterWednesday, September 24 - 2008 at 08:35 UAE local time (GMT+4)
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